$1B iron processing plant in works for northern N.B.

Premier Brian Gallant says an iron company plans to set up a $1 billion processing facility in Belledune, a project that he says would create 1,000 short-term jobs and more than 200 permanent jobs.

Gallant said at an announcement event outside NB Power's Belledune generating station that Maritime Iron plans to process 1.5 million tonnes of iron annually at the plant.

Premier Brian Gallant said a $1 billion processing facility in Belledune would create 1,000 short-term jobs and more than 200 permanent jobs. (Serge Bouchard/CBC)